Market news
17.02.2014, 06:20

Asian session: The dollar fell

00:01 United Kingdom Rightmove House Price Index (MoM) February +1.0% +3.3%

00:01 United Kingdom Rightmove House Price Index (YoY) February +6.3% +6.9%

00:30 Australia New Motor Vehicle Sales (MoM) January +1.4% Revised From +1.7% -3.5% -3.5%

00:30 Australia New Motor Vehicle Sales (YoY) January -0.1% Revised From +0.1% -3.0%

04:30 Japan Industrial Production (MoM) (Finally) December +1.1% +1.1% +0.9%

04:30 Japan Industrial Production (YoY) (Finally) December +7.3% +7.3% +7.1%


The dollar fell against most of its major counterparts as traders weighed whether weaker U.S. economic data will spur the Federal Reserve to consider a slower pace in tapering stimulus. U.S. factory production unexpectedly declined in January by the most since May 2009, according to a report released on Feb. 14, adding to evidence severe winter weather is weighing on the economy.

The British pound reached the highest since November 2009 after a report showed U.K. house prices rose the most since October 2012. Rightmove Plc said asking prices for U.K homes rose 3.3 percent this month from January, when they gained 1 percent.

The yen gained after Japan’s economic growth unexpectedly slowed. Japan’s gross domestic product expanded at an annualized 1 percent pace in the final three months of 2013, down from 1.1 percent growth in the preceding quarter, the Cabinet Office said today. The median estimate of analysts surveyed by Bloomberg News was for a 2.8 percent expansion.

Australia’s currency rose after the People’s Bank of China said in a Feb. 15 statement that aggregate financing, the broadest measure of credit, increased to an unprecedented 2.58 trillion yuan ($425.5 billion) in January.

The Fed on Feb. 19 releases minutes of its last gathering.

Markets in the U.S. will be closed for a holiday today.


EUR / USD: during the Asian session, the pair rose to $ 1.3720

GBP / USD: during the Asian session, the pair rose to $ 1.6820

USD / JPY: on Asian session the pair fell to Y101.40


Volumes are see as light, with US markets closed.


© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location